Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹39Cr
Rev Gr TTM
Revenue Growth TTM
1,499.76%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

ROSEMER
VS
| Quarter | Mar 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | | | 218.8 | | | 388.5 | 1,723.5 | 9,120.8 | 1,395.7 | 620.1 |
| 1 | 1 | 3 | 1 | 1 | 3 | 58 | 15 | 14 | 18 |
Operating Profit Operating ProfitCr |
| -6.3 | -60.7 | 28.7 | -170.8 | 5.2 | 15.1 | 22.1 | 30.2 | 20.7 | 13.9 |
Other Income Other IncomeCr | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 2 | 0 | 0 | 0 | 16 | 6 | 4 | 3 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|
Growth YoY PAT Growth YoY% | | | 2,666.7 | | | 227.0 | 864.5 | 1,624.4 | 8,850.0 | 521.3 |
| 4.7 | -60.7 | 40.7 | -170.8 | 3.5 | 15.8 | 21.5 | 28.2 | 20.6 | 13.6 |
| 0.4 | -0.9 | 4.2 | -0.9 | 0.1 | 0.9 | -1.4 | 3.4 | 1.9 | 1.4 |
| Financial Year | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 312.5 | 1,390.0 | 71.8 |
| 2 | 5 | 62 | 106 |
Operating Profit Operating ProfitCr |
| -24.5 | -2.1 | 21.0 | 21.9 |
Other Income Other IncomeCr | 0 | 1 | 0 | 0 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 1 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 |
| 0 | 0 | 16 | 29 |
| 0 | 0 | 0 | 0 |
|
| | 342.2 | 4,195.3 | 78.3 |
| -12.1 | 7.1 | 20.5 | 21.3 |
| -1.2 | 0.9 | -1.2 | 5.3 |
| Financial Year | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 2 | 4 | 6 | 6 |
| 3 | 12 | 28 | 77 |
Current Liabilities Current LiabilitiesCr | 0 | 1 | 6 | 6 |
Non Current Liabilities Non Current LiabilitiesCr | 0 | 1 | 2 | 2 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 3 | 12 | 44 | 48 |
Non Current Assets Non Current AssetsCr | 2 | 12 | 43 | 43 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | -2 | -8 | -3 |
Investing Cash Flow Investing Cash FlowCr | 0 | -6 | -3 |
Financing Cash Flow Financing Cash FlowCr | 3 | 14 | 14 |
|
Free Cash Flow Free Cash FlowCr | -2 | -8 | -3 |
| 1,564.6 | -2,181.3 | -18.6 |
CFO To EBITDA CFO To EBITDA% | 772.1 | 7,243.9 | -18.2 |
| Financial Year | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 10 | 57 | 24 |
Price To Earnings Price To Earnings | 0.0 | 151.8 | -42.4 |
Price To Sales Price To Sales | 7.5 | 10.8 | 0.3 |
Price To Book Price To Book | 1.9 | 3.4 | 0.7 |
| -27.3 | -502.8 | 1.0 |
Profitability Ratios Profitability Ratios |
| 12.3 | 137.2 | 45.0 |
| -24.5 | -2.1 | 21.0 |
| -12.1 | 7.1 | 20.5 |
| -3.0 | 2.2 | 47.1 |
| -3.1 | 2.2 | 48.3 |
| -2.7 | 1.6 | 18.6 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
**Rose Merc Limited (RML)** is a diversified, Mumbai-headquartered conglomerate listed on the **Bombay Stock Exchange (BSE: 512115)**. With a multifaceted presence across **financial services, event and sports management, fashion and lifestyle, spiritual media, technology partnerships, and B2C product ventures**, RML operates as a strategic investment and innovation hub, leveraging its subsidiaries and partnerships to drive cross-sectoral growth.
The company has experienced **explosive financial growth**, reporting a **312% YoY revenue surge to ₹528 lakh in FY24**, underpinned by strategic acquisitions, joint ventures, and digital transformation initiatives.
---
### **Core Business Verticals & Activities**
#### **1. Financial Services & Fintech Collaborations**
- **Strategic MoU with WTSLN Fintech (WhatsLoan):** In October 2025, RML entered a transformative partnership to co-develop AI-powered digital lending platforms targeting Priority Sector Lending (PSL) segments:
- **NeoLending Platform**
- **Digital Kisan Credit Card (KCC)** built on RBI’s Unified Lending Interface (ULI)
- **Co-Lending & Loan-as-a-Service (LaaS)**
- **Blockchain-based Digital Financial Identity (DFID)** & a **Loan Marketplace** for farmers, MSMEs, and consumers.
- RML contributes **market access, investor networks, and strategic positioning**, aiming to scale fintech solutions across **Maharashtra, Gujarat, Rajasthan, UP, Punjab, and Haryana**.
#### **2. Sports & Events Management**
RML is deeply committed to promoting both **traditional and modern sports**, especially at the grassroots level.
- **Jadhav Rose Merc Sports Pvt. Ltd. (Joint Venture):** Co-promoted with Mr. Dattatray Jadhav, this entity focuses on:
- Organizing **traditional Indian mud wrestling (Kushti)** events and rural **dangals**.
- Preservation and global promotion of India’s 5,000-year-old wrestling heritage.
- Recognized by **United World Wrestling Association (2023)**, opening doors for international expansion.
- **Navi Mumbai Premier League (NMPL):** RML holds a **25% stake** in this **MCA/BCCI-approved cricket league**, serving as **title sponsor and organizer** through subsidiary **Outcry Events and Management Pvt. Ltd.**
- The 2024 season attracted **660,000+ live viewers** across Euro Sport, DD Sport, and Fancode.
- **KheloMore Sports Pvt. Ltd. Partnership:** RML signed an MoU to explore **equity funding up to ₹20 crores** in this sports-tech platform (founded by ex-India cricketer Jatin Paranjape) to expand its network to **10,000+ venues nationwide**.
- **Rahi Pakhle RM Pvt. Ltd.:** A 50:50 JV with national trampoline gymnastics champion **Rahi Pakhle**, aimed at scaling trampoline sports in India.
#### **3. Fashion & Global Expansion (GCC Focus)**
Rose Merc has strategically positioned itself in the **global fashion and luxury events industry**, particularly targeting the **GCC market**.
- **Acquisition of 30.07% stake in Emirates Holding FZ LLC (Dec 2024):** A Dubai-based conglomerate with over 12 years of experience in events, exhibitions, trading, and consultancy across UAE, Middle East, Africa, and India.
- Grants RML **majority governance rights**, aligning strategic control.
- **Subsidiaries:**
- **Moda Orama Ventures Pvt. Ltd. (MOVe)** – 50% owned, focused on **IP-driven global fashion ventures**.
- **Emirates Holding Group (EHG)** – Operational arm in UAE managing large-scale B2B/B2C events.
- **Flagship Events:**
- **"Eternal Runway"** (launched July 2025, Dubai): A premier fashion showcase highlighting Indian designers. Debuted under **Emirates Luxury Show** IP.
- **"The Emirates Luxury Show"**: A high-profile platform connecting Indian creativity with GCC influence.
- Expansion plans to **Bahrain, Saudi Arabia**, and beyond.
#### **4. Strategic Alliances & Partnerships**
- **KheloMore Sports Pvt. Ltd.:** Equity investment initiative in sports tech to fuel digital grassroots sports.
- **Falcon Cup LLC-FZ (Dubai):** MoU to bring the **Inter-Corporate Golf Tournament** to India, with joint ventures planned in sports, fashion, and real estate across GCC, India, and Africa.
- **SAM Corporate (Dubai):** MoU for AI-driven **ESG reporting and sustainability solutions**:
- Promotion of **SAMESG® platform** for BRSR compliance.
- Targeting corporates and investors, with a projected **$4.6M order book**.
- **AuctusESG Private Limited:** Strategic MoU signed (Oct 2025) to foster **climate finance, sustainable investments, and SDG-aligned projects** with global expertise in ESG advisory across 19 countries.
- **Thrust Aircraft Pvt. Ltd. (TAPL):** Non-binding MoU to support capital raising (via **Capital Square Advisors**, in which RML holds a **4% stake**) for India’s first indigenous aircraft manufacturer.
#### **5. B2C & Lifestyle Ventures**
- **E-Commerce Platform:** Focus on **natural precious elements** (gemstones, gold, silver, rudraksha) used in **Vedic, astrological, and wellness services**.
- **Nutraceuticals:**
- Partnership with **Nutra Supplements Pvt. Ltd.** to sell **doping-free, BSCG-certified** supplements (inclusive of Tokyo 2020 Olympic-approved products).
- Target groups: **Athletes, children, pregnant women, adults >40**.
- **Animal Husbandry (Rural B2C):**
- **50% stake in LK Vet Care Pvt. Ltd.** (Mar 2024): Engaged in **digital artificial insemination (AI)** technology.
- Patented **Digital AI Gun (DAIG)** with photo/video, LED, and API integration with **Bharat PashuDhan App**.
- Supplies OEM to **Amul, BAIF, NDDB**, and state departments.
- NDDB-approved **DFSTS (Digital Field Semen Testing System)** for rural inseminators; bid for 1.45 lakh kits underway.
- **Health & Wellness:**
- **ABACA Care Pvt. Ltd.** (subsidiary): Launched **ABACA natural pain relief spray** for cramp and injury management, targeted at athletes.
#### **6. Media & Brand Activation**
- **Bhakti World App:** Spiritual radio platform reaching **7+ million listeners monthly**, reflecting India’s growing digital media consumption.
- **Outcry Entertainment Pvt. Ltd.:**
- 360-degree **brand solutions and event management** agency.
- Hosted the **"31st December ticketing event" (6,000+ attendees)** and manages NMPL’s **exclusive marketing rights** (broadcast, digital, social media).
- **Public Entertainment:**
- Co-produced **"Stardom"** – a Bollywood-themed award show (Mumbai, Oct 2023) aimed at mass audiences.
- Organized **football events with Ole Gunnar Solskjær**, leveraging Man United’s 50M+ Indian fanbase.
---
### **Corporate Structure & Subsidiaries**
Rose Merc operates through a **network of 11+ subsidiaries and associates**, including:
- Jadhav Rose Merc Sports Pvt. Ltd.
- Outcry Entertainment Pvt. Ltd.
- Rahi Pakhle RM Pvt. Ltd.
- Abaca Care Pvt. Ltd.
- Fyopro Services Pvt. Ltd. (acquired Jul 2023)
- Moda Orama Ventures Pvt. Ltd.
- LK Vet Care Pvt. Ltd.
- Capital Square Advisors Pvt. Ltd. (**4% equity stake**)
---
### **Strategic Vision & Growth Drivers**
- **Expansion into GCC:** Leveraging EHG and MOVe to establish global fashion IPs and cultural commerce.
- **Technology Integration:** Driving **AI, fintech, blockchain, and digital platforms** across finance, sports, and ESG.
- **Grassroots Empowerment:** Supporting **farmers (via DFID, KCC), rural athletes (kushti, trampoline), and artisans** (handicrafts via Parshuram Rose Merc).
- **ESG & Sustainability Leadership:** Collaborations with AuctusESG and SAM Corporate to position RML at the forefront of **green finance and climate action**.
- **High-Investment Capacity:** Approved **₹100 crore investment ceiling** for scaling ventures and equity funding.
---
### **Leadership & Governance**
- **Mr. Nooruddin Shaikh** – Executive Director (30 years in service sector).
- **Mr. Omprakash Brijnath Singh** – Non-Executive Non-Independent Director (25+ years in HR, finance, strategy; ex-Director at Netco Converge).
---
### **Financial Highlights & Outlook**
- **FY24 Revenue:** ₹528 lakh (**+312% YoY**).
- Listed on **BSE**, with active investor and fundraising facilitation through in-house advisory arm.
- Strong cash flow from diversified streams: **events, e-commerce, advisory, product sales, and equity participation**.